Sec. 8. (a) If a tax is imposed under section 3 of this chapter by a town described in section 1 of this chapter, the town fiscal officer shall establish a food and beverage tax receipts fund.
(b) The town fiscal officer shall deposit in this fund all amounts received under this chapter.
(c) Money earned from the investment of money in the fund becomes a part of the fund.
As added by P.L.35-1990, SEC.24. Amended by P.L.214-2005, SEC.39.
Structure Indiana Code
Article 9. Innkeeper's Taxes; Other Local Taxes
Chapter 27. Miscellaneous Local Food and Beverage Taxes
6-9-27-1. Application of Chapter
6-9-27-3. Adoption of Ordinance
6-9-27-4. Transactions; Application of Tax
6-9-27-6. Imposition, Payment, and Collection; Returns
6-9-27-7. Payments to Municipal Fiscal Officer
6-9-27-8. Town Food and Beverage Tax Receipts Fund
6-9-27-8.5. City Food and Beverage Tax Receipts Fund
6-9-27-9. Town Use of Revenue; Pledges to Pay Obligations
6-9-27-9.5. City Use of Revenue; Pledges to Pay Obligations
6-9-27-10. Payment of Outstanding Obligations; Covenant With Holders